Users Online Now:
2,015
(
Who's On?
)
Visitors Today:
1,609,050
Pageviews Today:
2,219,873
Threads Today:
542
Posts Today:
9,976
05:19 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Earthquake cancellation notice from Billings Mutual Insurance in St.Charles Mo.
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 29271249:MV8yMDc3MzQzXzM0OTcyNzg1X0YxMkNBMUI3] [quote:Wash:MV8yMDc3MzQzXzM0OTcyNTQ5XzU3QUI3NkZF] [quote:Anonymous Coward 1152043:MV8yMDc3MzQzXzM0RTlGRjI1] Here is a letter I recieved in the mail yesterday from my home onwers insurance company. Why is my policy being amended to remove earthquake coverage ? The peril of earthquake represents a potential catatrophic loss for our company and requires large amounts of additional coverage to be purched in the event an earthquake occurs. The market for this additional coverage has narrowed to the point we no longer able to purchase coverage at acceptable levels in pricing. With our current earthquake expiring on 12/31/2012 and no alternative solution, this left no option but to remove earthquake from our policy coverage. They had no problem taking my money for the last 18 years..... Do they know somethging we dont ? [/quote] I worked in the insurance world for 6 years (Underwritting). Typically they never remove coverages unless a particular peril has become a major problem for them. So its usually after a problem...not before. I'd say they are thinking ahead, so where did they get the idea that there will be EQ troubles? [/quote] My guess is that remote viewing actually works. "Somebody" can possibly actually "see" major devastation that appears to be from an earthquake in specific locations. The u.s. govt. spent millions of dollars on research into rv and then announced there was no evidence for it. Do you really believe that is what they found? [/quote]
Original Message
Here is a letter I recieved in the mail yesterday from my home onwers insurance company.
Why is my policy being amended to remove earthquake coverage ?
The peril of earthquake represents a potential catatrophic loss for our company and requires large amounts of additional coverage to be purched in the event an earthquake occurs. The market for this additional coverage has narrowed to the point we no longer able to purchase coverage at acceptable levels in pricing. With our current earthquake expiring on 12/31/2012 and no alternative solution, this left no option but to remove earthquake from our policy coverage.
They had no problem taking my money for the last 18 years..... Do they know somethging we dont ?
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>